TechCrunch Daily Crunch TikTok users’ attempted migration to Chinese app RedNote isn’t going too well
Jan 15, 2025
TikTok users struggle to migrate to RedNote, facing political tensions and account issues. The app's sudden rise in popularity contrasts with the hurdles users encounter. Meanwhile, discussions about Meta's recent workforce reduction reveal deeper implications in the tech industry. The podcast also touches on exciting developments in startup investments, particularly in electric vehicles and AI chips, indicating a dynamic shift in the tech landscape.
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Meta's Performance-Based Cuts
- Meta is cutting its workforce by 5% through performance-based terminations, affecting roughly 3,600 employees.
- CEO Mark Zuckerberg aims to raise performance standards and replace low performers with new hires.
Biden's AI Initiative
- President Biden issued an executive order enabling private AI companies to lease federal land for data centers.
- These companies must provide matching clean energy, covering all building and operational costs themselves.
RedNote Migration Issues
- American TikTok users flocked to the Chinese app RedNote after the US government's TikTok ban.
- Many users faced account suspensions and bans after posting.